CCF Group and Neuberger Berman Partner to Expand Private Equity Offering for French Clients

London, July 10, 2024 – Neuberger Berman, a private, independent, employee-owned investment manager, is partnering with CCF Group, a century-old French banking group, to provide increased access to private equity. This new agreement allows CCF Group to offer its French clients access to investment opportunities from many of the world's best private equity managers through Neuberger Berman's co-investment strategy.

Neuberger Berman has an extensive and long-established $131 billion global alternatives investment platform, of which approximately $91 billion is in private equity. Since 2009, it has invested in more than 400 companies together with leading private equity managers, making Neuberger Berman one of the world's largest independent investors in this asset class. Over the past 35 years, Neuberger Berman has built an attractive and central position in the private markets ecosystem, as a preferred partner of the largest private equity fund managers.

Niccolo Ubertalli, Chief Executive Officer at CCF Group, says: “We are pleased to partner with Neuberger Berman to provide our clients with an unparalleled platform to access investment opportunities in private equity. Private equity keeps on attracting growing interest from private clients, based on robust historical returns, lower volatility and diversification benefits. Together with Neuberger Berman, we are now making this asset class even more accessible.”

Charles Soullard, Head of Client Group – France at Neuberger Berman, adds: “As investors continue to value portfolio diversification and reliable long-term sources of returns, demand for private market strategies is accelerating across retail and institutional channels. We believe this trend is here to stay and we are proud to have partnered with CCF Group to offer our innovative solutions to a wider range of clients.”

About CCF Group

CCF Group is a century-old French banking group which is made up of retail banking and specialized financing activities whose mission is to support its customers in bringing their projects to life. CCF Group is convinced of its role to play as an employer and as a banker in society, and has made strong commitments around three areas: quality of work life, diversity and inclusion, as well as environment.

CCF Group also benefits from a strong governance, with a Board of Directors and a Management Committee made up of experienced members.

Retail banking activities are operated under CCF brand, which has a network of branches across France.

Specialized financing activities focus on lending to individuals as well as specialized financing for businesses. CCF Group operates in France and its headquarters are located at 103 rue de Grenelle, Paris 75007.

About Neuberger Berman

Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $474 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. UNPRI named the firm a Leader, a designation awarded to fewer than 1% of investment firms for excellence in environmental, social and governance practices. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last ten years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2024.